presented by the City of Rancho Cucamonga and Purposeful Finance

Educational programs are presented to provide unbiased information and help improve the financial lives of attendees. No sales pitches are allowed before, during, or after the seminars. Seminars are presented in partnership between the City of Rancho Cucamonga and Purposeful Finance, a 501(c)3 nonprofit, through the city’s community classes program.

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Description

Retire confidently and with peace-of-mind. Seminar covers maximizing Social Security, investment portfolios, Medicare & Pension benefits, tax planning, 401(k) rollovers, Roth conversions, and investment withdrawal strategies.

The following questions will be answered:

• How will the SECURE Act impact my retirement?

• How do I manage investments and taxes through different stages of retirement?

• How do I maximize Social Security & MediCare benefits?

• How do I make sure I don’t run out of money?

  • (The answer is not ‘buy an annuity’)

• What multi-decade tax planning opportunities are there to improve my retirement?

A significant question and answer period will be included for your specific questions. 

Curriculum

1. Understanding Retirement Expenses

The seminar begins exploring how to project inflation-adjusted desired retirement spending and needed savings based on personal lifestyle, health, and financial considerations.

2. Social Security & Medicare

Then we’ll look at Social Security to incorporate benefits into the retirement plan including how to maximize benefits, impacts of claiming early or delaying claiming, and an overview of claiming options and strategies. We’ll also explore Medicare rules and options to determine the optimal Medicare choice for an individual. Pensions will also be discussed if attendees have one.

3. Changes from the new SECURE Act

We’ll explore how the recent SECURE Act has made a number of changes to rules around retirement accounts including Required Minimum Distributions, contributing to retirement accounts past age 70, and significant tax implications for those inheriting IRAs, and many other modifications with important retirement planning implications.

4. Investing and Retirement Savings

We’ll go over investing for retirement in tax-advantaged accounts such as IRAs, 401(k)s, Roth IRAs, and others. We’ll look at portfolio construction and managing investments through different stages of pre- and post-retirement. We’ll also discuss tax implications and multi-decade tax minimization through Roth Conversion, asset location, ordered account withdrawal strategies, and other strategies.

5. Withdrawal Planning 

We’ll look at strategies for spending from investment accounts including bucketing strategies, investment income-oriented strategies, and total return strategies. The “4% Rule” will be explored along with superior strategies as shown by academic research.

6. Questionable Retirement Advice and Q&A

We’ll close the seminar with common financial advice which may not be in your best interest including rolling 401(k) assets to IRAs, the use of variable annuities, and predatory or aggressive sales practices. A considerable amount of time will also be devoted to a Question & Answer period for attendees.

Description

Covers fundamental to advanced strategies for investing and portfolio construction to match your portfolio to your goals, including your required rate of return and accepting the optimal level of risk. Retirement Planning is also covered including changes from the SECURE Act, Social Security, multi-decade tax planning, and more.

The following questions will be answered:

• How does investing work?

• What advanced investing strategies are proven by academic research?

  • (And what strategies are debunked by research as marketing gimmicks or shams?)

• How do I plan for retirement and incorporate Social Security?

• How did the SECURE Act change retirement planning?

• How do I create a portfolio and choose funds to invest in?

• How do I manage and optimize my investments relating to:

  • Tax implication

  • Market and other risks

  • Estate planning considerations

  • My emotions

  • And more

  A significant question and answer period will be included for your specific questions and the instructor will be available before the class begins for questions. 

Curriculum

NIGHT 1: INVESTING FUNDAMENTALS

An overview of the investment landscape including how to start investing, account options, tax implications, investing fundamentals, basic portfolio construction, mutual funds & ETFs, passive vs. active management, and asset classes including the stock market, bonds, real estate, and more.

NIGHT 2: ASSET CLASS SELECTION & PORTFOLIO CONSTRUCTION

Building on the fundamentals, night two covers the selection of investments and construction of a portfolio as well as investment valuations and researching and selecting mutual funds and ETFs. Also discussed are more advanced investing and tax planning techniques including strategic & tactical asset allocation, determining expected return, choosing Roth vs. traditional accounts, and analyzing investment performance. We’ll also cover the academic research regarding successful investing strategies and dangerous strategies such as market timing, technical analysis, margin, and individual stock picking.

NIGHT 3: PORTFOLIO MANAGEMENT & MODERN PORTFOLIO THEORY

This night will introduce you to advanced portfolio management and tax optimization techniques including calculating Roth conversions, portfolio drift and rebalancing, asset class correlations, measures of risk including standard deviation, return expectations, Monte Carlo analysis, sensitivity analysis, and more.

NIGHT 4: INVESTING BEYOND INVESTING AND Q&A

The fourth night covers additional financial planning topics which impact investing including minimizing taxation of investments, estate planning considerations, investment opportunities identified by regulators as likely to harm the public, behavioral finance, and more. The remainder of the night is devoted to a significant question and answer period.

Investing & Portfolio Construction

This series covers investing and portfolio construction to match your portfolio to your goals, including your required rate of return and accepting the optimal level of risk.

Beginner:

An overview of the investment landscape including how to start investing, account options, investing fundamentals, basic portfolio construction, mutual funds & ETFs, passive vs. active management, and asset classes including the stock market, bonds, real estate, and more.

Intermediate:

Designed for those who have a basic understanding of investing, this seminar covers more advanced investing and tax planning techniques including strategic & tactical asset allocation, asset class selection, choosing Roth vs. traditional, and analyzing and choosing funds. The seminar also covers the academic research regarding successful investing strategies and dangerous strategies such as market timing, technical analysis, margin, and stock picking.

Advanced:

Designed for those with significant experience in investing, the seminar covers portfolio and tax optimization techniques including calculating Roth conversions, asset class correlations, measures of risk including standard deviation, return expectations, Monte Carlo analysis and sensitivity analysis, and more.

Retirement Planning: Balancing Investing for Retirement and Shorter-Term Goals

Prepare for retirement without over-saving. Seminar covers projecting retirement lifestyle and cost, determining required monthly retirement savings, optimizing 401(k)s, establishing personal retirement accounts, Roth vs. traditional accounts, investing & portfolio construction, and integrating realistic projections for Social Security and Pension benefits.

Preparing for Retirement: Social Security, Medicare, Pensions, & Investments

Retire confidently and with peace-of-mind. Seminar covers maximizing Social Security, Medicare & Pension benefits, the pros & cons of 401(k) rollovers, Roth conversions, minimizing taxes across decades, uses & danger of annuities, and investment portfolios, and investment withdrawal strategies for retirement.

The information provided in these seminars is for educational purposes only and does not constitute individualized investment, tax, nor legal advice. You should engage the services of a competent investment, tax, or legal professional for help with your unique situation. *Adviser Insights ranking based on audience voting of the helpfulness of adviser answers, investment returns, client satisfaction, or other factors were not considered.